Have protected rights been overlooked?

The consultation, which closes today, asks whether the restrictions attached to the use of the protected rights part of the fund (the amount built up through national insurance rebates from contracting-out of the state second pension) should be removed. As this is something which most of the industry seems to have been petitioning for, for quite some time, particularly since A-Day when the issue was not really discussed - apart from being able to hold protected rights in a sipp as long as they are only invested in certain investments such as insurance policies and bank accounts (simplific...